zachary graduated from college. he paid for much of his education with student loans. these loans are not…

zachary graduated from college. he paid for much of his education with student loans. these loans are not backed by any specific asset. zacharys student loans are an example of what type of loan? secured loan unsecured loan mortgage loan auto loan

zachary graduated from college. he paid for much of his education with student loans. these loans are not backed by any specific asset. zacharys student loans are an example of what type of loan? secured loan unsecured loan mortgage loan auto loan

Answer

Brief Explanations:

A secured loan is backed by an asset. Since Zachary's student - loans are not backed by any specific asset, they are not secured. A mortgage loan is for property and an auto - loan is for a vehicle. Unsecured loans have no collateral, which fits Zachary's student loans.

Answer:

unsecured loan